If this actually happened, it would be Obama admitting to Americans and everyone in the world that he is a Fraud who has no idea what he's doing, and needs Mitt Romney to run the country for him, or at least the economy. Obama might as well just resign and give Romney the presidency.
That looks not too dissimilar from the setup of my first computer a TRS-80 Color Computer which was maxed out with a full 32K of RAM. It used an ordinary television as the monitor.
Was that in your basement?
No, I've never even lived in a home with a basement. But the relative placement of my computer and TV were the same as the typewriter and TV in that pic.